SpareBank 1 Nord-Norge is a Norwegian savings bank. The

bank A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

has 90 branch offices in

Nordland Nordland (; smj, Nordlánnda, sma, Nordlaante, sme, Nordlánda, en, Northland) is a county in Norway in the Northern Norway region, the least populous of all 11 counties, bordering Troms og Finnmark in the north, Trøndelag in the south, N ...

Tromsø Tromsø (, , ; se, Romsa ; fkv, Tromssa; sv, Tromsö) is a List of municipalities of Norway, municipality in Troms og Finnmark county, Norway. The administrative centre of the municipality is the Tromsø (city), city of Tromsø. Tromsø lies ...

Finnmark Finnmark (; se, Finnmárku ; fkv, Finmarku; fi, Ruija ; russian: Финнмарк) was a county in the northern part of Norway, and it is scheduled to become a county again in 2024. On 1 January 2020, Finnmark was merged with the neighbouri ...

and

Svalbard Svalbard ( , ), also known as Spitsbergen, or Spitzbergen, is a Norwegian archipelago in the Arctic Ocean. North of mainland Europe, it is about midway between the northern coast of Norway and the North Pole. The islands of the group range ...

and a head office in

. It has 250,000 private and 40,000

institutional customers Institutional customers is a term used in the financial services industry to differentiate retail customers and corporate customers from other financial institutions such as banks, insurance companies, and investment management Investment manag ...

with total assets of

NOK Nok is a village in Jaba Local Government Area of Kaduna State, Nigeria. The village is an archeological site. Archaeology The discovery of terracotta figurines at this location caused its name to be used for the Nok culture, of which these ...

48 billion. It is a founding member of the bank alliance

SpareBank 1 SpareBank 1 is a Norwegian alliance and brand name for a group of savings banks. The alliance is organised through the holding company ''SpareBank 1 Gruppen AS'' owned by the participating banks. In total the alliance is Norway's second largest ba ...

, with a 19.5% ownership. World's most northerly ATM

History

The first of the many savings banks that now is part of Sparebanken Nord-Norge was

Tromsø Sparebank Tromsø Sparebank was a savings bank based in Tromsø, Norway. It was established in 1836 and merged with Sparebanken Nord in 1989 to form Sparebanken Nord-Norge. The bank established a branch in Longyearbyen Longyearbyen (, locally �lɔ� ...

, founded in 1836. After that, especially in the mid-19th century many savings banks were established in Northern Norway. In the 1960s and onwards to the 1980s there was a trend of merging local savings banks to larger unites. Tromsø Sparebank merged with nine other banks in Troms and Finnmark to form a large Tromsø Sparebank in the period 1963-1984 while another savings bank, Sparebanken Nord, arose consisting of a merger between ten other banks in the same counties. In Nordland the bank Sparebanken Nordland emerged in 1985 after the merge of 14 local savings banks. In 1988 Norway was struck by a bank crisis, and this forced Tromsø Sparebank and Sparebanken Nord to merge to form Sparebanken Nord-Norge. In 1991

Nordkapp Sparebank ), North Cape, Norway, other uses, North Cape (disambiguation) Nordkapp ( en, North Cape; sme, Davvinjárga or ; fkv, Kappa or ) is a municipality in Troms og Finnmark county, Norway. The administrative centre of the municipality is the town of ...

and in 1992 Sparebanken Nordland also joined. In December 2018, the bank gained international attention when a man tried to steal NOK 70 000 from the

Longyearbyen Longyearbyen (, locally �lɔ̀ŋjɑrˌbyːən "The Longyear Town") is the world's northernmost settlement with a population greater than 1,000 and the largest inhabited area of Svalbard, Norway. It stretches along the foot of the left bank ...

branch, the world most northerly bank making it the northernmost bank robbery.

References

External links

Corporate web site
{{Authority control Banks of Norway SpareBank 1 Banks established in 1836 Companies based in Tromsø Companies listed on the Oslo Stock Exchange Norwegian companies established in 1836